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Japan’s economy slips into recession

Japan’s economy slips into recession

Japan reported a 3.4 percent drop in GDP for the first quarter of 2020 driving the economy into recession as the last quarter of 2019 contracted by 1.9 percent. This comes as the novel coronavirus pandemic halted production, exports, spending and pushed at least 141 Japanese companies to bankruptcy since February.

Gaurav
Gaurav
Miles O'Brien
Miles O'Brien 3 months

How is this news? It's a GLOBAL pandemic!

Idiot Prole
Idiot Prole 3 months

Time to go around smashing windows. Always brings the GDP up.

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